Just a Thought

As a fiscal conservative, and a believer in the power of a free market economy, I do not appreciate utilizing tax payers’ money to purchase and bail out companies.  Seizing an 80% share in AIG is a move in the wrong direction.  It is illogical to force me to pay for numerous mistakes made by AIG and other insurance mortgage brokers or to raise the dept to pay the mortgage of irresponsible homeowners (who knowing the risks involved, still signed mortgage agreements).

The founding fathers did demand that a constitutional government would, “protect the general welfare,” but we have gone way past this in the last eight years.  This latest step towards government ownership (pseudo-socialism) is disturbing and frustrating.  AIG spends $100 million dollars to sponsor Manchester United during a four year period, and now taxpayers come to their rescue?  I do not think the Fathers had this in mind.  At least we should demand the Manchester United sponsorship be changed from AIG to USA.

Tags: Politics, Thoughts, sports by strider
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Barack Obama said, “whether it’s Freddie Mac or some of the investment banks, at some level what you had is a situation in which investors and management at these firms were taking extraordinary risks with enormous upside when the market was good, but you can’t have a situation where you expect the taxpayers to foot the bill when times are bad.”  However, he also supports the bailout of people who speculated and bought homes with variable intrest rates.  The were investing in their homes hwoever, not in the market.  These home owners speculated just as much as investors in the market did, so why should the taxpayers bailout one group and not the other?

Tags: Politics by strider
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Political “expert” Matt Damon has said, “I think there’s a really good chance Sarah Palin could be president, and I think that’s a really scary thing, because I don’t know anything about her, and I don’t think in eight weeks I am going to know anything about her.”

He is afraid because he does not know her.  Does he know Joe Biden?  I know Obama has not authored a major piece of legislation, is going to raise my taxes, and called a man who attacks people based on their race his, ’spiritual mentor.’  Now “that’s a really scary thing.”

He does make a bit of a valuable the point when he says he is not sure Palin can stand up to Putin, but the EXACT same thing is true of the whole Democratic ticket.  Obama is going to say niet to Putin after telling Gergia to show restraint when invaded?  Biden is going to have the political savvy to outmanuever Medvedev (who is the President of Russia, not Putin)?

The only dog in the fight who I know can push Putin and Medvedev is McCain.  Why is Damon not wondering about them?  Oh, that’s right, ‘community organizers’ deal with tough former KGB agents every day.

Tags: Politics by strider
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